Sequoyah Instrumental Music Foundation Inc

Analysis

Sequoyah Instrumental Music Foundation Inc is a registered charity in United States, based in Canton, GA. It received its IRS tax-exemption ruling in February 2009, 17 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Sequoyah Instrumental Music Foundation Inc reported income of $262k and spending of $261k, spending 100% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $183k to $262k (+43%), an average of +43% a year. The sharpest change came in the year to December 2023, when income rose by 43%. Over the whole period it spent 102% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Sequoyah Instrumental Music Foundation Inc sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 63rd percentile within GA. Charities of a similar size with the same main cause include Options for College Success ($262k), Gabriels House Foundation Inc ($262k) and Horizon University Inc ($262k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $12k against liabilities of $0, net assets of $12k.